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, imbalances you have because of the current account deficits, you need to keep monitoring fiscal policy quite tight. you have to be a lot deeper into the upcoming fiscal year before you see contraction growth and that has to come on the back of implementation of projects, some of the economic reform issues that have been announced since may 2012. >> so i guess may is the key if we're looking for measures like this to be introduced. do you think that's going to be a turning point for the country? >> well, i think there's a few questions about will the government get enough of the mandate and therefore be able to, on the back of that, implement policies, but that remain toes be seen. so it might not be easy for some of the incumbent parties to necessarily muster the vote they need to have. but it's true, post elections, you know, in principal we should be more a possibility to get more on the petition side of these policies, let preoccupation with elections nearing, if you will. the kick start of the investment cycle, all of that cannot be turned on overnight. it takes a while before these type
so we expect the lira, the current deficit is an issue in turkey and we expect the currency to remain weak so we have to consider that when making investment proposals, we have to assume a little bit of, not a currency strengthening anyway, probably weakening if anything and brazil is a problem for currency from that point of view and equally as a sterling uk investor we find the dollar quite cheap so we find u.s. assets quite interesting at the moment. what goes around comes around i guess. >> reporter: thank you very much for joining us. julia, that is from here. we'll be back in an hour with another interview. for now pack over to you. >> thank you, great to chat to you. >>> the bitcoin exchange mt. gox received a subpoena from prosecutors in new york, asked the company to preserve certain documents. ceo mark capellas issued a statement saying the business is at a turning point. japanese authorities are looking into the matter but don't have jurisdiction after the mt. gox website went down. >>> still to come, the british economy returns to focus as investors await the second meetin
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